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Morgan Guaranty Trust Company v. Solow

Court of Appeals of the State of New York
Sep 4, 1986
68 N.Y.2d 779 (N.Y. 1986)

Opinion

Decided September 4, 1986

Appeal from the Appellate Division of the Supreme Court in the First Judicial Department, William P. McCooe, J.

Robert J. McDonald, John L. Warden, Joel M. Miller and Charles R. Jacob, III, for appellant.

Robert F. Wise, Jr., for respondent.



MEMORANDUM.

The order of the Appellate Division insofar as appealed from should be affirmed, with costs.

The arbitration award was properly confirmed inasmuch as the award was not irrational and did not violate any limitations on arbitral authority expressly contained in the lease (see, Matter of Silverman [Benmor Coats], 61 N.Y.2d 299; cf. Avon Prods. v Solow, 54 N.Y.2d 637). Additionally, we agree with the Appellate Division that the award rendered November 30, 1984 was final and definite, and, therefore, did not violate any time limitations agreed upon by the parties (see, Matter of States Mar. Lines [Crooks], 13 N.Y.2d 206).

Chief Judge WACHTLER and Judges MEYER, SIMONS, KAYE, ALEXANDER, TITONE and HANCOCK, JR., JJ., concur.

On review of submissions pursuant to section 500.4 of the Rules of the Court of Appeals (22 N.Y.CRR 500.4), order, insofar as appealed from, affirmed, with costs, in a memorandum.


Summaries of

Morgan Guaranty Trust Company v. Solow

Court of Appeals of the State of New York
Sep 4, 1986
68 N.Y.2d 779 (N.Y. 1986)
Case details for

Morgan Guaranty Trust Company v. Solow

Case Details

Full title:MORGAN GUARANTY TRUST COMPANY OF NEW YORK, Respondent, v. SHELDON H…

Court:Court of Appeals of the State of New York

Date published: Sep 4, 1986

Citations

68 N.Y.2d 779 (N.Y. 1986)
506 N.Y.S.2d 674
498 N.E.2d 147

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